Eaton Vance California Municipal Income Trust (NYSE:CEV) Announces $0.05 Monthly Dividend

Eaton Vance California Municipal Income Trust (NYSE:CEV) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.05 per share on Friday, March 21st. This represents a $0.60 annualized dividend and a dividend yield of 5.81%. The ex-dividend date is Thursday, March 13th.

Eaton Vance California Municipal Income Trust has raised its dividend by an average of 0.1% per year over the last three years.

Eaton Vance California Municipal Income Trust Trading Down 0.6 %

NYSE:CEV traded down $0.06 during mid-day trading on Tuesday, hitting $10.33. 34,851 shares of the company’s stock were exchanged, compared to its average volume of 31,804. Eaton Vance California Municipal Income Trust has a one year low of $9.91 and a one year high of $11.29. The business has a fifty day moving average price of $10.14 and a 200 day moving average price of $10.50.

About Eaton Vance California Municipal Income Trust

Eaton Vance California Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.